The Philippine government is to allocate 399 billion pesos (9.15 billion U.S. dollars) for public infrastructure projects in 2014, the National Economic and Development Authority (NEDA) announced Monday.
Aug 122013
Aug 082013
Toyota Motor Corp. announced Wednesday that it is recalling 342,451 2005-2011 model Toyota Tacoma trucks for potentially faulty seat belts.
Aug 072013
The Switzerland Financial Market Supervisory Authority (FINMA) stressed the importance of an improved resolution capability of global systemically important banks (G-SIBs) in Swiss in a position paper released Wednesday.
Aug 072013
Detroit-based General Motors Co. ( GM) is cutting the base price of its plug-in hybrid Chevrolet Volt by 12.5 percent, or 5,000 dollars, in an effort to promote sales of the electric car, U.S. media reported on Tuesday.
Aug 072013
The number of improved U.S. local housing markets edged down in August, indicating that the housing recovery has tapered its momentum, a leading industry report showed on Tuesday.
Aug 072013
With consistent housing recovery in the past years, U.S. President Barack Obama proposed a plan in Phoenix, Arizona on Tuesday to wind down Fannie Mae and Freddie Mac.
Aug 072013
The number of improved U.S. local housing markets edged down in August, indicating that the housing recovery has tapered its momentum, a leading industry report showed on Tuesday.
Aug 022013
China’s top economic planner said Thursday that the country will keep the price level “basically stable” in the second half of this year while deepening market-oriented pricing reforms.
Aug 012013
U.S. Federal Reserve said Wednesday it will continue the current monetary stimulus moves to bolster the slow economic growth and job creation, as the latest data showed that U.S. economy grew at a sub-par 1.7 percent in the second quarter.